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CBAT

CBAK Energy shares are trading higher following the announcement that its subsidiary, Dalian CBAK Power Battery, secured a $7 million order from a European client.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:12 pm

CBAT

CBAK Energy Technology, Inc. (NASDAQ:CBAT) announced that its subsidiary, Dalian CBAK Power Battery Co., Ltd., has secured a $7 million order from a renowned European client. This client has previously sourced cylindrical batteries from CBAK Energy for orders valued at nearly $55 million.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:10 pm

BWXT

BWX Technologies, Inc. (NYSE:BWXT) has secured a management and operations contract for the Pantex Plant from the U.S. Department of Energy's National Nuclear Security Administration. The contract, awarded to PanTeXas Deterrence LLC, could span up to 20 years and be worth approximately $30 billion if all options are exercised.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:08 pm

CMS

CMS Energy announced that due to recent court decisions, it is recalculating 2024 Star Ratings for 2025 Quality Bonus Payment purposes. Contracts with increased Star Ratings can resubmit their 2025 bids by June 28.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:08 pm

CBAT

CBAK Energy's subsidiary, Dalian CBAK Power Battery, has secured a $7 million order from a European client.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:01 pm

CTRA

Coterra Energy (NYSE:CTRA) has been analyzed by 18 analysts over the past three months, showing a range of ratings from bullish to bearish. The average 12-month price target has increased by 5.36% to $33.39. Key analysts have adjusted their ratings and price targets, reflecting their perspectives on the company's performance. Despite a 19.36% decline in revenue over the last three months, Coterra Energy maintains strong profitability, with a net margin of 24.56%, and effective debt management.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 1:00 pm

SCHW

Charles Schwab reported 314,000 new brokerage accounts in May, which is flat year-over-year but down 13% compared to April 2024.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:54 pm

LYB

LyondellBasell has announced the expansion of its polypropylene (PP) compounding production in China. This move is aimed at meeting the growing demand for high-quality PP compounds in the region.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:54 pm

SCHW

Charles Schwab reported $31.1 billion in core net new assets for May, with total client assets reaching $9.21 trillion. The company expects Q2 revenue to decrease by 1%-2% but anticipates a 40% adjusted pre-tax profit margin.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:48 pm

LUCY

Innovative Eyewear Inc. (NASDAQ:LUCY) has provided a sales and marketing update, highlighting new strategic partnerships, market expansions, and increased interest in their smart eyewear products. Key developments include partnerships with Windsor Eyes, New Look Vision Group, and various optical retailers in Latin America. The company has also launched an Amazon store in Germany, expanding its reach throughout the EU.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:42 pm